Is the European Union pushing Chinese tires out of the market?
According to the creators of the European Union's new labeling, which, as a reminder, includes information on rolling resistance, noise level, and traction on a wet surface, it was designed specifically to make the choice of tires more convenient for car owners. However, Chinese experts believe that it was done specifically to squeeze out their tire manufacturers from the market.
The European Union's new labeling comes into effect on November 1 of this year and, in the opinion of most experts, looks fair, as it imposes the same requirements on all tires. Another question is that the new labeling does not display all operational characteristics. But the Chinese are confident that the introduction of the new labeling is aimed against products coming from their country.
This statement has a fairly serious basis. The fact is that over the past few years, a number of countries have established trade barriers against the import of Chinese tires. Three years ago, the United States began counting the damage caused by cheap Chinese imports to local tire production. As a result, a ban was imposed on the import of tires from China. Then several companies went bankrupt.
The European Union's new labeling is another step towards finally expelling Chinese players from the European tire market, which is one of the two main export markets for Chinese automobile tire manufacturers.
The European Union's new labeling comes into effect on November 1 of this year and, in the opinion of most experts, looks fair, as it imposes the same requirements on all tires. Another question is that the new labeling does not display all operational characteristics. But the Chinese are confident that the introduction of the new labeling is aimed against products coming from their country.
This statement has a fairly serious basis. The fact is that over the past few years, a number of countries have established trade barriers against the import of Chinese tires. Three years ago, the United States began counting the damage caused by cheap Chinese imports to local tire production. As a result, a ban was imposed on the import of tires from China. Then several companies went bankrupt.
The European Union's new labeling is another step towards finally expelling Chinese players from the European tire market, which is one of the two main export markets for Chinese automobile tire manufacturers.